Gulomjan

Gulomjan is 29 and lives in the Spitamen region of Tajikistan. He is married with a son and a daughter and works as a press operator in a cotton mill. His parents live with his family. Gulomjan has decided to start his own livestock business on the side to improve his family's living conditions. He already has cattle feed and 3,000 TJS in savings. He asked for a loan to cover the cost of two cows to help him get started raising cattle for resale. As he becomes more successful, he will expand the business.

Additional Information

More information about this loan

This loan is part of Humo's startup loan program targeting particularly vulnerable clients who live at subsistence and do not qualify for the standard loan due to lack of income from an existing business. This program offers clients up to a 4-month grace period on the loan. By funding this loan, you are supporting borrowers who have limited options to start and grow small businesses. This has the potential to alleviate the effects of poverty, significantly improving borrowers' incomes and their families' quality of life.

About MLO Humo and Partners

MLO Humo and Partners is a microfinance institution in Tajikistan that aims to support vulnerable and underserved populations living in rural areas through financial and consulting services for small businesses. Kiva loans are used by groups and individual borrowers to start and grow businesses and build brighter futures for themselves, their families and their communities. This is especially important in Tajikistan, the poorest country in Central Asia, where more than two-thirds of the population lives below the poverty line.